The modern workforce looks a lot different than it did even a decade ago. If employees actually go to a physical office, their workplaces are often defined by open concepts, collaboration and frequent communication.
None of this is by accident. Studies consistently show that happy employees are more productive employees, and autonomy and access are two factors that can make employees happy. While employers are rightly trying to build compelling workplaces for their employees, the digital environment has become increasingly perilous and troubling, especially when it comes to data security and privacy.
As a result, companies are forced to balance employee autonomy with security protocols and privacy regulations. With the average data breach costing companies nearly $4 million, ensuring data security is a practical necessity.
To guard their data and to protect personal privacy, many organizations have turned to robust user activity and employee monitoring software to support these initiatives. I worked at a New York hedge fund and subsequently as an independent consultant to many financial service organizations for about a decade implementing security oversight and insider trader protection systems, which involved implementing employee monitoring, insider threat detection and data loss prevention systems, monitoring all user activity on desktops and laptops. Today, I am the founder and CTO of an employee monitoring provider.